The Indian CV industry has started the 2019-20 financial year with a bang. Describing the start of the new fiscal as promising, Girish Wagh, President – Commercial Vehicles Business Unit, Tata Motors, expressed that their FY2018-19 cumulative sales registered a growth of 17 per cent. It were the highest (with the sales of 468,692 units) since 2012-13. Wagh attributed the[Read More…]
Commercial Vehicle manufacturers are said to be chalking out cumulative investments in the region of Rs.5,000 crores over the next two years on the basis of a positive outlook. Apart from the migration of products to meet BSVI emission norms, the investments are expected to be directed towards the development of new products that will address tonnage shift and changing[Read More…]
Introduced in April 2018 in an endeavour to enhance its aftermarket capabilities and provide best in class service offerings, Eicher Promise, claim industry sources has received positive response. Sources mention that the scheme is reflective of the rising focus of CV manufacturers towards service and spares support as operators seek advantage of improvement infrastructure and the ability to have a[Read More…]
Higher tonnage, 41-tonne rigid trucks would mark the next shift, claim industry sources. Drawing attention to the innovative 41-tonne 10×2 rigid truck displayed by Ashok Leyland recently at Chennai, industry sources claim that other CV majors are also preparing to launch 10×2 rigid trucks in the 41-tonne category. The next, most important battlefield according to industry sources, the 41-tonne rigid[Read More…]
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